MYT Netherlands Parent B.V. (NYSE:MYTE - Get Free Report) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 75,900 shares, a decrease of 37.2% from the December 31st total of 120,800 shares. Based on an average trading volume of 207,300 shares, the days-to-cover ratio is presently 0.4 days.
Institutional Trading of MYT Netherlands Parent B.V.
Institutional investors have recently made changes to their positions in the business. Portolan Capital Management LLC raised its position in shares of MYT Netherlands Parent B.V. by 30.6% during the 3rd quarter. Portolan Capital Management LLC now owns 1,805,758 shares of the company's stock valued at $6,880,000 after buying an additional 422,942 shares in the last quarter. Capricorn Fund Managers Ltd bought a new stake in MYT Netherlands Parent B.V. during the fourth quarter worth approximately $4,225,000. Luxor Capital Group LP raised its position in MYT Netherlands Parent B.V. by 94.3% during the third quarter. Luxor Capital Group LP now owns 459,588 shares of the company's stock valued at $1,751,000 after purchasing an additional 223,013 shares during the period. Finally, Coronation Fund Managers Ltd. purchased a new stake in MYT Netherlands Parent B.V. during the fourth quarter valued at approximately $124,000. Hedge funds and other institutional investors own 10.07% of the company's stock.
MYT Netherlands Parent B.V. Stock Performance
Shares of MYTE traded up $0.04 on Wednesday, reaching $9.30. The company's stock had a trading volume of 21,035 shares, compared to its average volume of 149,329. The stock's 50 day simple moving average is $7.48 and its two-hundred day simple moving average is $5.80. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.95 and a quick ratio of 0.26. The stock has a market capitalization of $793.01 million, a P/E ratio of -20.66 and a beta of 0.97. MYT Netherlands Parent B.V. has a 12-month low of $2.41 and a 12-month high of $10.89.
About MYT Netherlands Parent B.V.
(
Get Free Report)
MYT Netherlands Parent B.V., through its subsidiary, Mytheresa Group GmbH, operates a luxury e-commerce platform for fashion consumers in Germany, the United States, rest of Europe, and internationally. It offers womenswear, menswear, kids wear, and lifestyle products. The company sells clothes, bags, shoes, accessories, and fine jewelry through online and retail stores.
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